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Updated over 3 years ago on . Most recent reply

User Stats

204
Posts
148
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Sean McKee
  • Rental Property Investor
  • Chicago, IL
148
Votes |
204
Posts

Raising Rents to Offset Eviction Ban losses

Sean McKee
  • Rental Property Investor
  • Chicago, IL
Posted

Hello BP,

Who here plans to raise rents more than they normally would due to losses caused by either the national eviction ban or local ones?  

I've been fortunate to have kept my losses relatively low given the circumstances, however they were probably more than if it were normal times. I do plan on increasing more than I normally. This obviously will depend on market conditions.

I am curious to know what others are doing.

Most Popular Reply

User Stats

1,240
Posts
3,064
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
3,064
Votes |
1,240
Posts
Terrell Garren
  • Rental Property Investor
  • Concord, NC
Replied

Yeppers.  The CDC raised the risk in the rental business and I will need to mitigate it. 

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